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<br />'" <br />~ <br /> <br />ORDINANCE NO. '?/; 7. <br /> <br />AN ORDINANCE TO A.MEND CHAPTER 8 OF THE MUNICIPAL <br />CODE OF THE CITY OF LOUISVILLE, COLORADO, ENTITLED <br />t'POLICE DEPARTMENT" BY ADDING "SECTION 8.7 RETIRE- <br />MENT - PENSION". <br /> <br />BE IT ORDAINED BY THE CITY COUNCI L OF THE CITY OF <br />LOUISVILLE, COLOF~DO: <br /> <br />Section 1. That Chapter 8 of the Municipal Code of the City of Louisvi lIe <br />is hereby amended by adding the following section, to-wit: <br /> <br />"8.7 - Retirement - Pension. Policemen who have attained the <br />age of 60 years and have served as a policeman for 20 years shall <br />be eligible to retire and to receive a pension in the sum of one- <br />half of wages received by him during his last year of service, <br />payable monthly. In the event active duly policemen of like grade <br />receive raises in pay after said retirement, the retired policemen <br />shall be entitled to receive a like percentage raise in his base <br />wage for computing hlls pension benefits. fl <br /> <br />Section 2. That all other ordinances or parts of provisions of the Municipal <br />Code of the City of LouisvillE~ in conflict with this ordinance are hereby repealed. <br /> <br />Introduced, read and ordered published this 15th day of October, 1968, in <br />the LOUISVI LLE TIMES. <br /> <br />,A/c ve VJ? jp~y <br />Passed and adopted on second and final reading this ~ ~t\. day of Ovl. I = f"") <br /> <br />1968. <br /> <br />dA~~' <br /> <br />Mayor <br /> <br /> <br />~ <br />